Sarah Korman - 07 Jan 2022 Form 4 Insider Report for Absci Corp (ABSI)

Role
General Counsel
Signature
/s/ Todd Bedrick, attorney-in-fact
Issuer symbol
ABSI
Transactions as of
07 Jan 2022
Net transactions value
$0
Form type
4
Filing time
11 Jan 2022, 20:29:06 UTC
Previous filing
28 Jul 2021
Next filing
10 Feb 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ABSI Stock Option (right to buy) Award $0 +437,172 $0.000000 437,172 07 Jan 2022 Common Stock 437,172 $7.19 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the shares subject to this option vest and become exercisable on May 27, 2022, and thereafter, the remaining shares subject to this option vest and become exercisable in 36 approximately equal monthly installments until May 27, 2025, subject to the Reporting Person's continuous service to the Issuer on each such date.